{"id":18555,"date":"2019-10-17T12:13:04","date_gmt":"2019-10-17T10:13:04","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=18555"},"modified":"2023-08-30T08:53:52","modified_gmt":"2023-08-30T08:53:52","slug":"kucoin-to-launch-monthly-bitcoin-futures-contract-on-its-derivative-exchange-kumex-in-few-weeks","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/kucoin-to-launch-monthly-bitcoin-futures-contract-on-its-derivative-exchange-kumex-in-few-weeks\/","title":{"rendered":"KuCoin to Launch Monthly Bitcoin Futures Contract on Its Derivative Exchange KuMEX in Few Weeks"},"content":{"rendered":"
According to a recent tweet<\/a><\/strong> by KuMEX<\/strong>,<\/span> which is the futures subsidiary popular cryptocurrency exchange, KuCoin will be launching monthly Bitcoin futures contract on its derivative exchange KuMEX in coming few weeks. The announcement was made by Michael Gan at, CEO of KuCoin, at the Blockchain Life 2019 forum in Moscow.<\/span><\/p>\n The tweet reads:<\/span><\/p>\n \u201cKuMEX Bitcoin Monthly Contracts are drawing near!<\/i><\/span><\/p>\n Today at the Blockchain Life 2019 Forum in Moscow, our founder Michael Gan disclosed that KuCoin\u2019s Futures Platform KuMEX will be launching Bitcoin Monthly Contracts in a few weeks.\u201d<\/i><\/span><\/p>\n The necessary information related to the highly anticipated monthly bitcoin contracts like the specific date of the launching is not public yet. The company will update its community about the development made in the project later.<\/span><\/p>\n On July 8, 2019, KuCoin launched its derivatives trading platform KuMEX<\/a> <\/strong>to offer so called Bitcoin Perpetual Contract (XBTUSDM). To Kick start, it offered a trading competition with a reward of 10,000 KCS for users with top scores in their return rate ranking.<\/span><\/p>\n